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Power Tools Market to Soar at a CAGR 4.77% to 2021: Growth Factors & Trends
Global Power Tools Market is Projected to grow at 4.77% CAGR during the period 2017-2021. Power Tools Industry research report also provides granular analysis of the market share, Size, segmentation, revenue forecasts and geographic regions of the market.Power tools are mechanical or electromechanical equipment that draw electricity from an external power source, without the application of manual labor to achieve a specific action. Power tools are commonly used in the construction and manufacturing industries to perform activities such as drilling, sawing, grinding, screwing, and cutting. However, application areas for power tools are diverse and wide, depending on the end-user and the industry. Power tools are used to increase the efficiency of manual operations, thereby increasing worker productivity and saving time. There are also several end-user applications that require the use of customized power tools to perform specific tasks.
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Covered in Power Tools Market report
The report covers the present scenario and the growth prospects of the global power tools market for 2017-2021. To calculate the market size, the report considers the sales revenue.
The market is divided into the following segments based on geography: Americas, APAC and EMEA.
The research report, Global Power Tools Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Global Power Tools Market Key Vendors Including Apex Tool Group, Makita, Robert Bosch, Stanley Black & Decker, Techtronic Industries, ANDREAS STIHL, Atlas Copco, C. & E. Fein, CHERVON (China) Trading, Emerson Electric, Evolution Power Tools, Hilti, Hitachi Koki, Illinois Tool Works, INTERSKOL, JET Tools, Josch Group, Master Air Tool, Nemo Power Tools, Panasonic, Positec Tool, Snap-on and Triton Tools.
Market driver:
Rise in global construction and infrastructure development activities
For a full, detailed list, view our report
Market challenge:
Volatility in prices of raw materials
For a full, detailed list, view our report
Market trend:
Wireless battery charging technology
For a full, detailed list, view our report
Key questions answered in this report
What will the Global Power Tools Market size be in 2021 and what will the growth rate be?
What are the key of Global Power Tools Market trends?
What is driving this Global Power Tools Market?
What are the challenges to Global Power Tools Market growth?
Who are the key vendors in this Global Power Tools Market space?
For more information on this report, Please visit at: https://www.marketstudyreport.com/reports/global-power-tools-market-2017-2021/?utm_source=OPR-SP
Related Reports: -
United States Power Tools Market Report 2017
In this report, the United States Power Tools market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022.
https://www.marketstudyreport.com/reports/united-states-power-tools-market-report-2017/?utm_source=RR-SP
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